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21 Mar 11 Study expenses for full-time students receiving Youth Allowance

The ATO has now published a document for tax professionals entitled "Study expenses for full-time students receiving Youth Allowance". This is in addition to the document previously published for individuals entitled "Study expense changes for full-time students receiving Youth Allowance". Together, they explain that as a result of a High Court decision in FCT v Anstis [2010] HCA 40 (11 November 2010), taxpayers may be eligible to claim a deduction for study expenses if they received Youth Allowance to study full-time.

 


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